There is a newer version
of
this Section
2019 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 13 of 1968 Possibilities of Reverter and Rights of Entry (554.61 - 554.65)
Section 554.64 Exemptions to Act.
Universal Citation: MI Comp L § 554.64 (2019)
554.64 Exemptions to act.
Sec. 4.
This act does not apply:
(a) To a lease for a term of years.
(b) If the specified contingency must occur, if at all, within the period of the rule against perpetuities.
(c) If the terminable interest is held for public, educational, religious or charitable purposes.
(d) If the terminable interest is created in a conveyance from the United States of America, the state or any agency or political subdivision of either of them.
History: 1968, Act 13, Imd. Eff. Mar. 29, 1968
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
